Russia: Rusal revenue up in 2017

In 2017 Rusal increased revenue from $7.983 billion to $9.969 billion. Mostly because of the aluminum price rise by 22.7% (to $1968 per ton), increase in the primary aluminum and alloys sales by 3.6% and the growth of the high added value products sales from 44% to 47.3%. EBITDA grew by 42.4%, to $2.12 billion,…

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Russia: Vorkutaugol assembling safety system at mines

Vorkutaugol has started assembling a multi-functional safety system at the Vorkutinskaya, Zapolyarnaya, Komsomolskaya and Vorgashorskaya mines. In December 2017 the mines started receiving the Strata system components, produced in Russia, Kazakhstan, USA and South Africa. In January Alpha-Safety specialists arrived to implement the system. When the system is launched in July, its three main options…

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